RBI's Strategic Approach: A Cautious Stance on Rupee Defense, Says Axis Bank CEO

In a recent discussion surrounding the Indian rupee and its value compared to the U.S. dollar, Axis Bank's CEO has provided insights into the Reserve Bank of India's (RBI) measured approach to currency defense. As global economic pressures weigh heavily on emerging market currencies, the INR has faced significant volatility, prompting many to speculate how aggressively the RBI would intervene to stem any decline.

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